Total demand amounted to ISK 3,720m.
The CPI-linked issue ISLA CBI 24 was sold for an amount of ISK 600m at a yield of 2.58%. Total offers received amounted to ISK 2,200m ranging from 2.56% - 2.62%. Following the tap issuance, the total amount issued will be ISK 23,700m.
The CPI-linked issue ISLA CBI 30 was sold for an amount of ISK 720m at a yield of 2.56%. Total offers received amounted to ISK 1,520m ranging from 2.55% - 2.60%. Following the tap issuance, the total amount issued will be ISK 21,180m.
Trading is expected to commence on 3 May 2018 on Nasdaq Iceland.
The total nominal amount of outstanding covered bonds issued by Íslandsbanki will be to ISK 117,180m after the auction.
For further information: Investor Relations - Gunnar S. Magnússon, ir@islandsbanki.is and tel: +354 440 4665.